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Interest rates and the Rand

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G_V_V
Super Contributor
I don't believe that lowering the interest rate will weaken the Rand, in fact I think it will strengthen it. Lowering the interest rate will only give overseas investors to buy our gilts for the capital growth. For the Rand to weaken there has to be high inflation so increasing the rates will cause higher inflation and a weaker Rand. However inflation in this world economical enviroment will be suicidal when people are loosing their jobs.
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17 REPLIES 17
Quakedog
Super Contributor
Well I deal in sales for Cadbury and from what I can see the economy is broken at the moment, we need a cut to free some cash up for the consumer. Things are just not happening and when the next figures come out they gonna cut big time! October was like hitting a brick wall!
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AJT
Super Contributor
Quakedog - your reduction in Cadbury sales could be due to the fact I quit chockolates, not for economic, but for health reasons.....:)
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NJ_1
Frequent Contributor
They all swapped to Lindor ...
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AJT
Super Contributor
na, got a box of those in the kitchen cupboard and still not tempted - the wife is slowly working her way through those....
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G_V_V
Super Contributor
Be brave and cut your prices.
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Quakedog
Super Contributor
Slabs are cheaper than a year ago, no money is the issue!
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Frogg
Frequent Contributor
Thanks Simon, it seems alot is riding on anouncement and no matter what the anouncement is a large part of the market is not going to like it.
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G_V_V
Super Contributor
Have you tried selling on credit @ zero interest. lol Big stores and small must give goods on credit @ zero interest. Checkers is making big bucks. Food is something people always need and sweets kids can't live without neither the dentists.
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CHATTYCHAT
Super Contributor
Did you compare October 2009? maybe a seasonal thing?
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Quakedog
Super Contributor
Ya Checkers is making big bucks because you give them deep discounts and they only give you a weeks special and bank the margin for like a month. You know what kind? .......... suckers and begins with C
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
Carry Trade guys! America-Japan -Australia- South Africa.Interest rates must drop by a big margin and that will drive away the foreigners who are borrowing cheaply for a high yield in South Africa. India is doing the opposite-increasing rates to get an inflow of foreign currency!Japan 0.94% and USA about 2.5%?
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Rams
Super Contributor
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